15 U.S.C. § 9542 — Agency study on alternative financing solutions

FEDERAL · 15 U.S.C. · Chapter 120

Agency study on alternative financing solutions

Current through Pub. L. 119-102

Title 15 — Commerce and Trade·Ch. 120 — MINORITY BUSINESS DEVELOPMENT·Subch. II

(a)Purpose The purpose of this section is to provide information relating to alternative financing solutions to minority business enterprises, as those business enterprises are more likely to struggle in accessing, particularly at affordable rates, traditional sources of capital.

(b)Study and report Not later than 1 year after November 15, 2021, the Under Secretary shall—

(1)conduct a study on opportunities for providing alternative financing solutions to minority business enterprises; and

(2)submit to Congress, and publish on the website of the Agency, a report describing the findings of the study carried out under paragraph (1).

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(a) Purpose
The purpose of this section is to provide information relating to alternative financing solutions to minority business enterprises, as those business enterprises are more likely to struggle in accessing, particularly at affordable rates, traditional sources of capital.
(b) Study and report
Not later than 1 year after November 15, 2021, the Under Secretary shall—
(1) conduct a study on opportunities for providing alternative financing solutions to minority business enterprises; and
(2) submit to Congress, and publish on the website of the Agency, a report describing the findings of the study carried out under paragraph (1).

15 U.S.C. § 9542 (Agency study on alternative financing solutions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 117–58, div. K, title II, §100202, Nov. 15, 2021, 135 Stat. 1456.)